In January of 2020 TBS President, Jenn Lickteig, was featured in a recent interview on Sirius XM’s LandLine Now speaking about predatory loan practices. Listen and learn about red flags to look out for in predatory factoring, including:
Getting caught in the debt trap
The ‘ol ”Too Good to be True” manta
Preying on “Sign Up Today” and “act fast now” campaigns
Hidden termination fees
The biggest lesson we can all take out of this educational interview is to encourage everyone looking for factoring to read and review their contracts!